NHAI plans to raise Rs 400 billion through InvIT

NHAI is planning to raise about Rs 400 billion through monetisation of its highway assets through an InvIT. Besides, the authority has identified a number of completed road projects valued at about Rs 600 billion that could be pooled in and offered to investors through the InvIT. Reportedly, the authority is planning to monetise 60-70 per cent of its completed road projects.